IMF - Lobbying in developing countries - condition on loans
Lower Corporation Tax
Privatise state services
Open market to foreign organisations
Radical Social Class Polarisation
Working Class
Reduction of:
Wages
Benefits
Volunteerism and Charities as the solution to a crisis of poverty
Economic well-being, greater individual freedom,
more democratic pol. sys.
Argentina
Nota:
the privatizationprogram, deregulatory measures, and ‘opening’ to the world economy in
Privatization reached such diverse areas as tele-
phones and communications, airline companies, petrochemicals, petroleum,
about 10,000 km of highways, railways and other transport systems, natural gas
distribution, electricity, water, iron and steel industries, coal, a series of firms in
the defense area, hydroelectric dams and other varied items such as television
channels, hotels, port facilities, silos and horse-racing stadia.
Unemployment - supermarkets
Unemployment - 25%, respectively 50 %
Poverty - over 50%
Corruption
Reduction of wages
‘legitimate’
macroeconomic
looting ,
Individualism
Self-responsibility
Own Future
Retirement
Health Care
Negative Aspects
Gambling
Drug Industry
Sex Industry
Not socially sustainable - will generate crisis, extreme poverty, etc